Hong Kong dollar interbank rates are mostly on the rise. The one-month interbank rate is reported at 2.88458%.
On December 3rd, Hong Kong dollar interbank interest rates rose across the board, with the one-month interbank rate related to property loans reported at 2.88458%, an increase of 8.226 basis points. The three-month interbank rate reflecting bank funding costs was reported at 3.00827%, up 14.22 basis points.
On December 3rd, the Hong Kong dollar exchange rates all increased, with the one-month interbank offered rate related to mortgage loans reporting 2.88458%, up by 8.226 basis points. The three-month interbank offered rate, reflecting the cost of bank funds, was reported at 3.00827%, up by 14.22 basis points.
The overnight rate was 1.47512%, up by 29 basis points; the one-week rate increased by 22.631 basis points to 1.69429%, while the two-week rate increased by 15.119 basis points to 1.87798%. As for longer-term rates, the six-month interbank offered rate increased by 2.357 basis points to 3.11714%, while the one-year term rate increased by 3.506 basis points to 3.17083%.
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The Cyberspace Administration of China (CAC) is cracking down on illegal and irregular behaviors of internet celebrities' accounts in accordance with the law.
Ministry of Commerce: China's total service import and export volume from January to October was 65,844.3 billion yuan, an increase of 7.5% year-on-year.
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